Verizon Communications (NYSE:VZ) Releases FY 2025 Earnings Guidance

Verizon Communications (NYSE:VZ - Get Free Report) updated its FY 2025 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 4.636-4.728 for the period, compared to the consensus estimate of 4.680. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on VZ. Royal Bank Of Canada reiterated a "sector perform" rating and set a $45.00 price objective (up from $42.00) on shares of Verizon Communications in a research report on Tuesday, March 25th. Evercore ISI upgraded shares of Verizon Communications from an "in-line" rating to an "outperform" rating and set a $48.00 price target for the company in a research report on Friday, April 11th. Oppenheimer upped their price target on shares of Verizon Communications from $48.00 to $50.00 and gave the company an "outperform" rating in a research report on Tuesday, April 1st. Scotiabank upped their price target on shares of Verizon Communications from $48.50 to $49.00 and gave the company a "sector perform" rating in a research report on Wednesday, April 23rd. Finally, Arete Research upgraded shares of Verizon Communications to a "strong-buy" rating in a research report on Tuesday, July 8th. Eleven equities research analysts have rated the stock with a hold rating, seven have given a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $47.00.

Verizon Communications Stock Performance

Shares of VZ stock opened at $40.77 on Monday. Verizon Communications has a one year low of $37.59 and a one year high of $47.36. The company's 50-day moving average is $42.88 and its 200 day moving average is $42.44. The company has a market capitalization of $171.90 billion, a price-to-earnings ratio of 9.71, a price-to-earnings-growth ratio of 3.28 and a beta of 0.37. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.58 and a current ratio of 0.61.

Verizon Communications (NYSE:VZ - Get Free Report) last posted its earnings results on Tuesday, April 22nd. The cell phone carrier reported $1.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.15 by $0.04. The business had revenue of $33.50 billion for the quarter, compared to analysts' expectations of $33.31 billion. Verizon Communications had a net margin of 13.14% and a return on equity of 19.66%. Sell-side analysts expect that Verizon Communications will post 4.69 EPS for the current fiscal year.

Verizon Communications Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 1st. Investors of record on Thursday, July 10th will be issued a $0.6775 dividend. This represents a $2.71 dividend on an annualized basis and a dividend yield of 6.65%. The ex-dividend date of this dividend is Thursday, July 10th. Verizon Communications's payout ratio is 64.52%.

Insider Activity

In other Verizon Communications news, CEO Kyle Malady sold 9,000 shares of the firm's stock in a transaction that occurred on Wednesday, May 7th. The shares were sold at an average price of $44.10, for a total transaction of $396,900.00. Following the sale, the chief executive officer owned 10,008 shares in the company, valued at approximately $441,352.80. This trade represents a 47.35% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold a total of 21,500 shares of company stock valued at $938,400 over the last quarter. Company insiders own 0.10% of the company's stock.

Institutional Investors Weigh In On Verizon Communications

An institutional investor recently raised its position in Verizon Communications stock. Brighton Jones LLC grew its stake in shares of Verizon Communications Inc. (NYSE:VZ - Free Report) by 61.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 43,986 shares of the cell phone carrier's stock after buying an additional 16,704 shares during the period. Brighton Jones LLC's holdings in Verizon Communications were worth $1,759,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 62.06% of the company's stock.

Verizon Communications Company Profile

Verizon Communications Inc, through its subsidiaries, engages in the provision of communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business).

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